Industry Stocks Up In 2010

NEW YORK Supermarket stocks have finally started to catch up with the rest of the market, despite fears of a new price war with Wal-Mart and lingering economic uncertainty. After a dismal performance in 2009, the share prices of the big three Kroger Co., Safeway and Supervalu not only saw strong gains in the first quarter, but they also outpaced both the S&P 500 and the Dow Jones Industrial Average.

NEW YORK — Supermarket stocks have finally started to catch up with the rest of the market, despite fears of a new price war with Wal-Mart and lingering economic uncertainty.

After a dismal performance in 2009, the share prices of the “big three” — Kroger Co., Safeway and Supervalu — not only saw strong gains in the first quarter, but they also outpaced both the S&P 500 and the Dow Jones Industrial Average.